Macroeconomist Henrik Zeberg bitcoin (BTC) and U.S. stocks are on the verge of a massive rise.
Zeberg tells his 109,900 Twitter followers that he believes Bitcoin will soon go from $28,000 to over $30,000.
Zeberg, crypto- He is sharing a chart from the focused hedge fund Swissblock that shows Bitcoin being oversold and trading below its true value.
“Bitcoin is a $28,000 battleground. Swissblock’s indicators tell us the uptrend is approaching!”
NEWS CONTINUES BELOW
Crypto The asset is trading at $28,665, up 2.2% in the last 24 hours.
Zeberg also believes stocks are about to experience a “burst peak.” He predicts that the Federal Reserve will start printing more money by injecting liquidity into the markets.
Using the Fibonacci Ratio within the Elliott Wave structure, he predicts the S&P 500 will skyrocket above 5,700 points before dropping to 1,567 points.
Koinfinans.com As we reported, the macro expert also offers for the Dow Jones Industrial Average (DJIA) index, including the Relative Strength Index (RSI), a technical indicator used in trading to measure the momentum of an asset, and the moving average convergence divergence (MACD), a trend-following indicator. says multiple indicators point to bullishness.
“There is NOTHING CLOSE TO THE BEAR on this DJIA chart. This chart is technically bullish. Also, the economy is not in recession and inflation is cooling. The Goldilocks stage and blast crest are developing.”
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